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Earn +20 ptsQ: What makes the simple interest simple?
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What is the calculation for a simple compound interest rate?
There is simple interest and there is compound interest but this question is the first that I have heard of a simple compound interest.
Marl borrowed 200 at 12 percent simple interest for on year If he makes no payments that year. How much interest will he own at the end of the year?
24.00
What is the simple interest on 642 for 7 years at 11 percent per annum?
$494.34 Interest= principal amount * time* simple interest %
What is the simple interest of a loan for 1ooo with 5 percent interest after 3 years?
Simple interest = 1000 * 5/100 * 3 = 150
At what rate of simple interest will the interest on Rs 925 be two-fifth of it in 8 years?
At what rate of simple interest will the interest on Rs.925 be two-fifth of it in 8 years?
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